August 31, 2007

Yen falls on both day, week

Story link: Yen falls on both day, week

Friday saw the Japanese yen ending both the session and the week higher after investors once again exited carry trades in the wake of no indication from US Federal Reserve chairman Ben Bernanke that US interest rates would be cut anytime soon.
The yen added 0.2 percent on the day and 0.6 percent on the week […]

August 29, 2007

Emerging currencies gain on greenback

Story link: Emerging currencies gain on greenback

Emerging markets currencies made gains on the US dollar Wednesday on fears of more trouble in global equities markets.
The Korean won added 0.1 percent to Won941.80, while the South African rand added 1 percent to R7.2200 to the dollar and the Turkish lira jumped 1.5 percent to TL1.3200.
Major currencies also rose versus the greenback, with […]

August 28, 2007

Australia, New Zealand dollars lower on risk aversion

Story link: Australia, New Zealand dollars lower on risk aversion

Both the Australian and New Zealand dollars were lower in relation to the Japanese yen and the US dollar Tuesday as equities markets fell again around the world and investors distanced themselves from risky investments such as carry trades.
The Australian dollar dropped 1.2 percent to ¥94.55 versus the yen and fell 0.6 percent to $0.8225 […]

August 27, 2007

Euro declines on Trichet comments

Story link: Euro declines on Trichet comments

The yen saw gains on Monday in light currencies trade due to the closure of the London market for a public holiday, while the euro declined after comments from the president of the European Central Bank that were interpreted as calling into question an expected Eurozone interest rate hike in September.
Jean-Claude Trichet said that the […]

August 24, 2007

Yen drops as markets calm

Story link: Yen drops as markets calm

The Japanese yen saw significant declines over the week as world markets seemed to calm down, emboldening investors to begin to again to sell the yen and enter carry trades.
The US dollar added 1.6 percent to ¥116.09, the euro gained 2.7 percent to ¥158.33, and sterling was 2.9 percent higher to ¥233.32, while the New […]

August 23, 2007

US dollar declines

Story link: US dollar declines

The US dollar weakened Thursday, falling against both major and emerging markets currencies.
The greenback fell 0.2 percent to $1.3565 in relation to the euro while it dropped 0.6 percent to $2.0050 against sterling and was 0.9 percent lower versus the Canadian dollar, to C$1.0525.
Among emerging currencies, the US currency dropped 0.3 percent to the […]

August 21, 2007

Sterling weaker on subprime worries

Story link: Sterling weaker on subprime worries

Worries that troubles in the US subprime mortgage sector were beginning to show up in the UK hurt sterling after it became known that the Bank of England had made emergency loans of £314 million at a rate of 6.75 percent.
In addition, one UK hedge fund was forced to sell assets when it couldn’t borrow […]

August 20, 2007

Yen, US dollar weaken

Story link: Yen, US dollar weaken

The Japanese yen continued its roller-coaster ride as it lost part of last week’s gains but analysts emphasized that the fact that some investors were again seeking out some risk, that did not mean that the currencies markets were returning to business as usual.
By midday trade in New York, the yen was down 0.4 percent […]

August 17, 2007

Yen in major gains on week

Story link: Yen in major gains on week

The Japanese yen finished the week much higher than where it began thanks to the mass exodus of investors from risky carry trades, with analysts not expecting them to return anytime soon.
The yen added 4 percent on the week versus the US dollar to ¥113.65 after reaching ¥111.62 to the dollar earlier in the day, […]

August 16, 2007

Yen in big gains

Story link: Yen in big gains

The Japanese yen was higher on Thursday as equities markets continued to decline and investors looked for safer places to put their money than carry trades.
In midday trade in New York, the yen was up 1.9 percent to ¥114.20, the highest it has been versus the greenback in over a year, while it gained 2.1 […]

August 15, 2007

Yen stronger on risk aversion

Story link: Yen stronger on risk aversion

The Japanese yen strengthened on Wednesday as investors continue to stay away from risky carry trades, doing especially well in relation to the Australian and New Zealand dollars as it added 1.3 percent to ¥96.74 and 1.5 percent to ¥84.04 respectively.
The euro and US dollar were also lower versus the yen as the greenback dropped […]

August 14, 2007

Sterling drops below $2 versus greenback

Story link: Sterling drops below $2 versus greenback

Sterling weakened on Tuesday, falling to below $2 versus the US dollar for the first time in over a month and a half as inflation data and house price expectations both declined.
Consumer price inflation dropped to 1.9 percent in July, well lower than the 2.3 percent CPI that was expected and below the Bank of […]

August 10, 2007

Yen, US dollar decline on central bank actions

Story link: Yen, US dollar decline on central bank actions

After early gains on Friday, both the yen and the US dollar declined late in the day in New York trade after the central banks of Japan, Europe, Canada, Australia, and the US added around $135.7 billion between them to global money markets in an effort to avoid a crisis brought on by problems in […]

August 8, 2007

Sterling strengthens on BofE inflation report

Story link: Sterling strengthens on BofE inflation report

Sterling was stronger in midday trade in London on Wednesday after a new report on inflation from the Bank of England made increased analyst sentiment that the Bank will issue another interest rate hike in September.
The new report says that at the current interest rate of 5.75 percent inflation will be above the 2 percent […]

August 7, 2007

Sterling drops on July retail numbers

Story link: Sterling drops on July retail numbers

Sterling was lower on Tuesday after new numbers from the British Retail Consortium showed that retail sales were up just 3.1 percent on an annualized basis in July after rising by 5.6 percent in June.
Analysts said that the data was weaker than expected even after factoring in the influence of bad weather during the month […]

August 6, 2007

US dollar weaker on data, equities

Story link: US dollar weaker on data, equities

The US dollar weakened on Monday as global equities markets remained unsettled and as new data from the United States made it seem more likely that the Federal Reserve could cut interest rates before the year is out, although it is expected to hold rates steady at its meeting this week.
The dollar was 0.3 percent […]

August 3, 2007

US dollar declines on data

Story link: US dollar declines on data

The US dollar weakened on Friday, dropping 0.5 percent to $1.3767 versus the euro, while it fell 0.2 percent to $2.0400 in relation to sterling.
The drops came on new jobs figures and declining activity in the services sector, as well as on increasing sentiment that the US Federal Reserve will not raise interest rates again […]

August 2, 2007

Yen weaker as equities rally

Story link: Yen weaker as equities rally

The yen weakened on Thursday as equities markets began to recover a bit from big declines that had sent investors fleeing from risk, helping the yen to make gains.
In midday trade in New York, the yen had dropped 0.1 percent versus both the US dollar and the euro, to ¥119 and ¥162.70, while it dropped […]


Daily World Currencies News from London		Friday 12th of March 2010
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	August 31, 2007 Yen falls on both day, week Story link: Yen falls on both day, week Friday saw the Japanese yen ending both the session and the week higher after investors once again exited carry trades in the wake of no indication from US Federal Reserve chairman Ben Bernanke that US interest rates would be cut anytime soon. The yen added 0.2 percent on the day and 0.6 percent on the week […] August 29, 2007 Emerging currencies gain on greenback Story link: Emerging currencies gain on greenback Emerging markets currencies made gains on the US dollar Wednesday on fears of more trouble in global equities markets. The Korean won added 0.1 percent to Won941.80, while the South African rand added 1 percent to R7.2200 to the dollar and the Turkish lira jumped 1.5 percent to TL1.3200. Major currencies also rose versus the greenback, with […] August 28, 2007 Australia, New Zealand dollars lower on risk aversion Story link: Australia, New Zealand dollars lower on risk aversion Both the Australian and New Zealand dollars were lower in relation to the Japanese yen and the US dollar Tuesday as equities markets fell again around the world and investors distanced themselves from risky investments such as carry trades. The Australian dollar dropped 1.2 percent to ¥94.55 versus the yen and fell 0.6 percent to $0.8225 […] August 27, 2007 Euro declines on Trichet comments Story link: Euro declines on Trichet comments The yen saw gains on Monday in light currencies trade due to the closure of the London market for a public holiday, while the euro declined after comments from the president of the European Central Bank that were interpreted as calling into question an expected Eurozone interest rate hike in September. Jean-Claude Trichet said that the […] August 24, 2007 Yen drops as markets calm Story link: Yen drops as markets calm The Japanese yen saw significant declines over the week as world markets seemed to calm down, emboldening investors to begin to again to sell the yen and enter carry trades. The US dollar added 1.6 percent to ¥116.09, the euro gained 2.7 percent to ¥158.33, and sterling was 2.9 percent higher to ¥233.32, while the New […] August 23, 2007 US dollar declines Story link: US dollar declines The US dollar weakened Thursday, falling against both major and emerging markets currencies. The greenback fell 0.2 percent to $1.3565 in relation to the euro while it dropped 0.6 percent to $2.0050 against sterling and was 0.9 percent lower versus the Canadian dollar, to C$1.0525. Among emerging currencies, the US currency dropped 0.3 percent to the […] August 21, 2007 Sterling weaker on subprime worries Story link: Sterling weaker on subprime worries Worries that troubles in the US subprime mortgage sector were beginning to show up in the UK hurt sterling after it became known that the Bank of England had made emergency loans of £314 million at a rate of 6.75 percent. In addition, one UK hedge fund was forced to sell assets when it couldn’t borrow […] August 20, 2007 Yen, US dollar weaken Story link: Yen, US dollar weaken The Japanese yen continued its roller-coaster ride as it lost part of last week’s gains but analysts emphasized that the fact that some investors were again seeking out some risk, that did not mean that the currencies markets were returning to business as usual. By midday trade in New York, the yen was down 0.4 percent […] August 17, 2007 Yen in major gains on week Story link: Yen in major gains on week The Japanese yen finished the week much higher than where it began thanks to the mass exodus of investors from risky carry trades, with analysts not expecting them to return anytime soon. The yen added 4 percent on the week versus the US dollar to ¥113.65 after reaching ¥111.62 to the dollar earlier in the day, […] August 16, 2007 Yen in big gains Story link: Yen in big gains The Japanese yen was higher on Thursday as equities markets continued to decline and investors looked for safer places to put their money than carry trades. In midday trade in New York, the yen was up 1.9 percent to ¥114.20, the highest it has been versus the greenback in over a year, while it gained 2.1 […] August 15, 2007 Yen stronger on risk aversion Story link: Yen stronger on risk aversion The Japanese yen strengthened on Wednesday as investors continue to stay away from risky carry trades, doing especially well in relation to the Australian and New Zealand dollars as it added 1.3 percent to ¥96.74 and 1.5 percent to ¥84.04 respectively. The euro and US dollar were also lower versus the yen as the greenback dropped […] August 14, 2007 Sterling drops below $2 versus greenback Story link: Sterling drops below $2 versus greenback Sterling weakened on Tuesday, falling to below $2 versus the US dollar for the first time in over a month and a half as inflation data and house price expectations both declined. Consumer price inflation dropped to 1.9 percent in July, well lower than the 2.3 percent CPI that was expected and below the Bank of […] August 10, 2007 Yen, US dollar decline on central bank actions Story link: Yen, US dollar decline on central bank actions After early gains on Friday, both the yen and the US dollar declined late in the day in New York trade after the central banks of Japan, Europe, Canada, Australia, and the US added around $135.7 billion between them to global money markets in an effort to avoid a crisis brought on by problems in […] August 8, 2007 Sterling strengthens on BofE inflation report Story link: Sterling strengthens on BofE inflation report Sterling was stronger in midday trade in London on Wednesday after a new report on inflation from the Bank of England made increased analyst sentiment that the Bank will issue another interest rate hike in September. The new report says that at the current interest rate of 5.75 percent inflation will be above the 2 percent […] August 7, 2007 Sterling drops on July retail numbers Story link: Sterling drops on July retail numbers Sterling was lower on Tuesday after new numbers from the British Retail Consortium showed that retail sales were up just 3.1 percent on an annualized basis in July after rising by 5.6 percent in June. Analysts said that the data was weaker than expected even after factoring in the influence of bad weather during the month […] August 6, 2007 US dollar weaker on data, equities Story link: US dollar weaker on data, equities The US dollar weakened on Monday as global equities markets remained unsettled and as new data from the United States made it seem more likely that the Federal Reserve could cut interest rates before the year is out, although it is expected to hold rates steady at its meeting this week. The dollar was 0.3 percent […] August 3, 2007 US dollar declines on data Story link: US dollar declines on data The US dollar weakened on Friday, dropping 0.5 percent to $1.3767 versus the euro, while it fell 0.2 percent to $2.0400 in relation to sterling. The drops came on new jobs figures and declining activity in the services sector, as well as on increasing sentiment that the US Federal Reserve will not raise interest rates again […] August 2, 2007 Yen weaker as equities rally Story link: Yen weaker as equities rally The yen weakened on Thursday as equities markets began to recover a bit from big declines that had sent investors fleeing from risk, helping the yen to make gains. In midday trade in New York, the yen had dropped 0.1 percent versus both the US dollar and the euro, to ¥119 and ¥162.70, while it dropped […]
Currency News © 2005-2008 Brite Media. All rights reserved \| About \| Disclaimer \| XML Feed \| Contact

Major Currencies:

Other Currencies: